- Magellan Midstream Partners (NYSE:MMP) has priced $500M of its 3.25% senior notes due 2030 at 99.88% of par.
- The partnership intends to use the net proceeds of ~$495.4M for general partnership purposes, which may include capital projects and repayment of indebtedness, including borrowings under its revolving credit facility and commercial paper program and redemption of its 4.25% senior notes due 2021.
- Closing date is May 20, 2020.
Magellan Midstream prices $500M debt offering due 2030
Recommended For You
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
MMP | - | - |
Magellan Midstream Partners, L.P. |